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Homeownership is an important step towards your future. It’s the American dream and everyone strives to own a home. The only thing standing in your way is home loan approval. It can be extremely difficult to get approved for a mortgage if you have just started thinking about homeownership.

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Thankfully, an expert has compiled some tips to help you. Don’t be discouraged! Homeownership is possible.

To start, banks will always look at your credit score, your income, your debt to income ratio, and your bank account. They do this so they can ensure the security of the loan. Their job is to make sure you can afford to pay back the loan they give you and that you can afford the down payment and closing costs. The bank will ask for a lot of information so they can fact-check all of the numbers you provide to them.

Your main job is to be as dependable and steady as possible. You need to show that you can get and keep a stable job that will pay you enough to cover the mortgage. You also need to show the bank that you are responsible with money and that you have a history of paying loans and credit cards off.



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About Me

I've seen a lot of cooking, home improvement and crafting shows and, let me tell you, they make things look way easier than they are. Most people really can’t remodel their own kitchen, paint a wall mural or whip up a gourmet meal in an afternoon. I’m here to share my ideas and guidance about home and family--things I've learned through trial and error. I've already made the mistakes so you don’t have to! Just don’t ask about the kitchen cabinet refinishing project that went awry.
March 2023